Dare to Dream Theatre Inc

Nonprofit profile at a glance

EIN
030609535
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Sheboygan, WI, USA
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Theater

Reported finances

Revenue
$120,001
Expenses
$101,960
Assets
$61,099
Liabilities
$8,300

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Jaime Marchi (President)
  • Jason Bemis (Vice-President)
  • Blain Huber (Past Board President)

People named in this filing

  • Jaime Marchi (President)
  • Jason Bemis (Vice-President)
  • Andi Igowsky (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Dare to Dream Theatre is a 501c.3 non-profit process-based youth theatre company rooted in education and dedicated to bringing joy to children while helping them find and share their voices with the world. We serve the community through multi-generational theatrical experiences highlighting growth and learning at all levels of development.

What it reported doing in 2024

Community Partnerships are primarily supported by grants and contributions from partners. These offerings include creative play dates introduction to early literacy and story through theatrical experiences entertainment and mini-workshops at community wide family events character appearances at parades and preview events at area libraries and partner organizations that serve youth and their families Virtual Programming Missing from the Museum etc

Operating model

Revenue model
Earned-program. 65% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 100
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58.6%; rating input score 59
  • Program expense ratio: 69%; rating input score 69

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 15%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 0.6; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 19.6%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: -21.7% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: 8.2% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 42.1% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 58.6% of revenue deployed · 69% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $70K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.